There is still a considerable disparity in what men and women earn across
the developed world. Research by the
OECD has shown just how
pronounced the gender pay gap GPS -4.35% really is. Defined as the difference
between male and female earnings as a percentage of male earnings, the gender
pay gap is most pronounced in two developed countries in Asia – South Korea and Japan.
An average male working full time in South Korea will outearn his female
counterparts to the tune of nearly 37 percent. The gap between the sexes is
also wide in Japan, just under 27 percent. The United States still has a
considerable amount of work to do to restore financial parity between men and
women and reduce its 18 percent pay gap. Men still outearn women in New
Zealand, according to the OECD, but only by 5.6 percent.
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